Euro Growth Indicator

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Euro Growth Indicator shows strong growth for the second half of 2017

The Euro Growth Indicator suggests that quarter-on-quarter GDP growth in the euro area will be at 0.65 and 0.6 per cent in the third and fourth quarter, respectively, close to the pace reported by Eurostat in the flash estimate for Q2.

High growth momentum in the euro area

The euro area economy is expected to continue to grow at solid rates in the summer semester of 2017. According to the July Euro Growth Indicator calculated by the EUROFRAME group, GDP growth is forecast at 0.7 per cent growth in the second quarter, the estimate for the third quarter has been raised to 0.4 per cent from last month's calculation.

Euro Growth Indicator shows high current growth momentum in the euro area

The June Euro Growth Indicator, calculated by the Euroframe Group, suggests that growth in the euro area will remain firm in the second quarter of 2017, at an estimated quarterly growth rate of 0.7 percent. While the first estimate for the third quarter indicates a slowdown to 0.3 percent, year-on-year growth would still remain at close to 2 percent.